Nike Stocks Hit An All Time High Because Of Colin Kaepernick

Colin Kaepernick is having a huge impact on the bottom line over at Nike. Since the announcement that Kaep would be the face of Nike’s new marketing campaign it has been reported that stock prices have now closed at an all time high of $83.47 per share.

The announcement comes 10 days after Nike announced that Kaepernick would be a part of their latest “Just Do It” campaign. A week later Nike recorded a 31% increase in online sales.

Also, Colin Kaepernick’s “I’m With Kap” jerseys have been selling out within hours of being put on shelves.